OPEC | Egypt Oil & Gas - Part 46
OPEC and Experts Say Oil Prices to Recover in 2016
The oil market is expected to become more balanced in 2016 as demand continues to grow, OPEC Secretary-General Abdullah al-Badri announced on Monday.
Oil Prices, Post-Sanction Iran Prompt GCC Maintenance Cost Cutting
Gulf oil producers are delaying some field maintenance until next year to keep production high and reduce costs, forecasting weaker oil prices in 2016.
Oil Price Slides on Weak China Data, Record Russian Output
Oil prices dropped again on Monday in response to weak economic data from China and record-high production figures from Russia.
OPEC Driving US Shale Downturn
The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg
Saudi Arabia in Cash Flow Crisis
Informed sources told Bloomberg that Saudi Arabia is delaying payments to government contractors thanks to the oil price slump.
Saudi-Russia Price War Extends to European Theatre
Oil refiners in Europe are cutting their longstanding use of Russian crude in favour of Saudi grades thanks to aggressive price discountin
Qatar Energy Minister Predicts OPEC Oil Price Rebound
US News & World Report cited Qatar's Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers later thi ...
Venezuela Succeeds in Calls for OPEC Meeting
The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24 
